Q4 2018 AP Moeller - Maersk A/S Earnings Call Transcript
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Good morning, everybody, and thank you for listening in on our earnings call this morning. My name is Soren Skou, I'm the CEO of A.P. Møller - Maersk, and I'm joined here today by Claus Hemmingsen, our Vice CEO; Carolina Dybeck Happe, our CFO; Vincent Clerc, Chief Commercial Officer; and Søren Toft, Chief Operating Officer.
I invite you, as always, just to look at the statements around -- or the disclaimer around forward-looking statements.
So now moving into the report. I'll start with a transformation update. 2018 was a year where we made significant progress on the journey to become a completely different company. We have gone from being a conglomerate, operating 8 different divisions with a big corporate layer on top, to now being organized as one company with one frontline organization for our Ocean and Logistics & Services businesses. That
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